The US private equity firm Blackstone has made a conditional non-binding offer for Crown Resorts Ltd, valuing the casino operator at over $8 billion. (more…)
Charles Livingstone
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Can we clean up gambling in Australia?
ClubsNSW has become a powerful political force, and along with the Australian Hotels Association is a major political donor. ClubsNSW has in fact signed an MoU with every NSW premier since Barry O’Farrell. Why this is necessary is a mystery.
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Who runs Crown? Packer’s enablers
The latest revelation is that Crown is being formally investigated by AUSTRAC for breaches of money laundering regulations. But these are the tip of what is becoming a fairly substantial iceberg.
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Lobbyland. The gambling lobby and how to buy friends and influence governments
There is no shortage of post-political appointments to engage the talents of former politicians to lobby for the gambling industry. (more…)